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BIL marketed at €2.5 billion to €3 billion valuation

Verifying
  • BIL is being marketed for sale by Legend Holdings with Goldman Sachs managing the process.
  • The proposed valuation is €2.5 billion to €3 billion, versus €1.48 billion paid in 2017.
  • The Luxembourg government retains its 10% stake, which is excluded from the sale.
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